Northern Advisors Inc 13F annual report

Northern Advisors Inc is an investment fund managing more than $117 billion ran by David Lentz. There are currently 111 companies in Mr. Lentz’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Spdr Dow Jones Indl Average, together worth $17.5 billion.

$117 billion Assets Under Management (AUM)

As of 30th January 2024, Northern Advisors Inc’s top holding is 24,559 shares of Spdr Sp 500 Etf Tr currently worth over $11.7 billion and making up 10.0% of the portfolio value. In addition, the fund holds 15,529 shares of Spdr Dow Jones Indl Average worth $5.85 billion. The third-largest holding is Apple Inc worth $4.39 billion and the next is NVR worth $3.95 billion, with 564 shares owned.

Currently, Northern Advisors Inc's portfolio is worth at least $117 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Northern Advisors Inc

The Northern Advisors Inc office and employees reside in Bloomfield Hills, Michigan. According to the last 13-F report filed with the SEC, David Lentz serves as the Chief Compliance Officer at Northern Advisors Inc.

Recent trades

In the most recent 13F filing, Northern Advisors Inc revealed that it had opened a new position in 3M Co and bought 9,119 shares worth $997 million. This means they effectively own approximately 0.1% of the company. 3M Co makes up 10.7% of the fund's Industrials sector allocation and has decreased its share price by 20.4% in the past year.

The investment fund also strengthened its position in Microsoft by buying 186 additional shares. This makes their stake in Microsoft total 8,977 shares worth $3.38 billion. Microsoft soared 58.0% in the past year.

On the other hand, there are companies that Northern Advisors Inc is getting rid of from its portfolio. Northern Advisors Inc closed its position in Pfizer on 6th February 2024. It sold the previously owned 19,949 shares for $732 million. David Lentz also disclosed a decreased stake in Spdr Sp 500 Etf Tr by 0.2%. This leaves the value of the investment at $11.7 billion and 24,559 shares.

One of the smallest hedge funds

The two most similar investment funds to Northern Advisors Inc are Sfi Advisors and Thompson Davis & Co., Inc. They manage $117 billion and $117 billion respectively.


David Lentz investment strategy

Northern Advisors Inc’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 14.1% of the total portfolio value. The fund focuses on investments in the United States as 60.4% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 61% of the total holdings value. On the other hand, small-cap stocks make up only 4.5% of the portfolio. The average market cap of the portfolio companies is close to $207 billion.

The complete list of Northern Advisors Inc trades based on 13F SEC filings

These positions were updated on February 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Spdr Sp 500 Etf Tr
16.25%
24,559
$11,673,170,000 9.98%
Spdr Dow Jones Indl Average
12.94%
15,529
$5,852,530,000 5.00%
Apple Inc
35.88%
22,792
$4,388,150,000 3.75%
NVR Inc.
29.76%
564
$3,948,254,000 3.37%
Microsoft Corporation
2.12%
8,977
$3,375,711,000 2.89%
Merck Co Inc
3.97%
21,106
$2,300,962,000 1.97%
Broadcom Inc.
1.87%
2,052
$2,290,545,000 1.96%
Netflix Inc.
6.31%
4,690
$2,283,467,000 1.95%
Exxon Mobil Corp.
4.41%
22,009
$2,200,483,000 1.88%
Unitedhealth Group Inc
7.54%
3,636
$1,914,245,000 1.64%
Jpmorgan Chase Co
21.21%
11,122
$1,891,851,000 1.62%
Walmart Inc
16.97%
11,171
$1,761,108,000 1.51%
American Express Co.
0.72%
9,138
$1,711,913,000 1.46%
Visa Inc
7.14%
6,557
$1,707,112,000 1.46%
Procter And Gamble Co
22.25%
11,330
$1,660,298,000 1.42%
Honeywell International Inc
1.99%
7,699
$1,614,479,000 1.38%
Caterpillar Inc.
5.48%
5,196
$1,536,394,000 1.31%
ServiceNow Inc
0.09%
2,165
$1,529,551,000 1.31%
AMGEN Inc.
98.12%
5,258
$1,514,442,000 1.29%
Nike, Inc.
51.73%
13,833
$1,501,849,000 1.28%
Eli Lilly Co
56.56%
2,483
$1,447,390,000 1.24%
Goldman Sachs Group, Inc.
14.50%
3,743
$1,443,937,000 1.23%
Oracle Corp.
8.06%
12,863
$1,356,133,000 1.16%
Intel Corp.
191.69%
26,485
$1,330,884,000 1.14%
CVS Health Corp
1.08%
16,738
$1,321,667,000 1.13%
Travelers Companies Inc.
6.27%
6,624
$1,261,806,000 1.08%
International Business Machs
22.06%
7,319
$1,197,010,000 1.02%
Home Depot, Inc.
6.02%
3,436
$1,190,746,000 1.02%
Coca-Cola Co
4.09%
19,978
$1,177,296,000 1.01%
Cisco Sys Inc
3.40%
22,448
$1,134,088,000 0.97%
T-Mobile US, Inc.
48.11%
7,059
$1,131,769,000 0.97%
Mcdonalds Corp
11.20%
3,799
$1,126,441,000 0.96%
Lowes Cos Inc
0.64%
5,049
$1,123,683,000 0.96%
Eaton Corp Plc
3.26%
4,538
$1,092,841,000 0.93%
Mastercard Incorporated
1.49%
2,517
$1,073,526,000 0.92%
Pepsico Inc
13.29%
6,316
$1,072,709,000 0.92%
Costco Whsl Corp New
5.03%
1,604
$1,058,752,000 0.90%
NVIDIA Corp
8.04%
2,082
$1,031,193,000 0.88%
Meta Platforms Inc
3.74%
2,909
$1,029,722,000 0.88%
DuPont de Nemours Inc
16.84%
13,168
$1,013,014,000 0.87%
3M Co.
Opened
9,119
$996,889,000 0.85%
Lockheed Martin Corp.
156.58%
2,086
$945,459,000 0.81%
Johnson Johnson
6.94%
5,952
$932,988,000 0.80%
Sap SE
3.18%
5,940
$918,265,000 0.78%
Capri Holdings Limited
3.91%
18,252
$916,980,000 0.78%
General Dynamics Corp.
0.46%
3,478
$903,221,000 0.77%
Enterprise Prods Partners L
6.80%
34,224
$901,802,000 0.77%
Intuit Inc
1.68%
1,408
$880,042,000 0.75%
Schlumberger Ltd.
5.47%
16,859
$877,342,000 0.75%
Chevron Corp.
1.32%
5,696
$849,616,000 0.73%
Texas Instrs Inc
41.77%
4,593
$782,923,000 0.67%
Boeing Co.
43.50%
2,936
$765,380,000 0.65%
Progressive Corp.
0.15%
4,801
$764,703,000 0.65%
Thermo Fisher Scientific Inc.
19.46%
1,407
$746,822,000 0.64%
Illinois Tool Wks Inc
4.37%
2,797
$732,646,000 0.63%
Pfizer Inc.
Closed
19,949
$731,715,000
Starbucks Corp.
23.13%
7,544
$724,333,000 0.62%
Capital One Finl Corp
No change
5,447
$714,211,000 0.61%
Elevance Health Inc
0.55%
1,466
$691,307,000 0.59%
Chipotle Mexican Grill
0.33%
298
$681,514,000 0.58%
Blackrock Inc.
41.36%
834
$677,041,000 0.58%
Bristol-Myers Squibb Co.
Closed
10,397
$664,917,000
Northrop Grumman Corp.
2.80%
1,286
$602,028,000 0.51%
Sherwin-Williams Co.
3.23%
1,915
$597,289,000 0.51%
Transdigm Group Incorporated
0.17%
580
$586,728,000 0.50%
Colgate-Palmolive Co.
10.09%
7,284
$580,608,000 0.50%
Accenture Plc Ireland
4.04%
1,614
$566,369,000 0.48%
Abbvie Inc
7.27%
3,595
$557,147,000 0.48%
Bank America Corp
18.48%
16,083
$541,509,000 0.46%
Salesforce Inc
10.92%
2,041
$537,069,000 0.46%
Att Inc
9.12%
31,288
$525,006,000 0.45%
Danaher Corp.
37.88%
2,263
$523,522,000 0.45%
Yum Brands Inc.
20.30%
3,995
$521,987,000 0.45%
MetLife, Inc.
2.39%
7,801
$515,880,000 0.44%
Adobe Inc
3.61%
860
$513,076,000 0.44%
Morgan Stanley
26.58%
5,308
$494,971,000 0.42%
Schwab Strategic Tr
Opened
8,630
$486,732,000 0.42%
Deere Co
6.10%
1,166
$466,248,000 0.40%
Target Corp
37.51%
3,248
$462,580,000 0.40%
RTX Corp
59.50%
5,374
$452,168,000 0.39%
Air Prods Chems Inc
2.27%
1,595
$436,711,000 0.37%
Qualcomm, Inc.
22.35%
3,000
$433,942,000 0.37%
Linde Plc.
3.43%
1,055
$433,299,000 0.37%
Cummins Inc.
No change
1,640
$392,895,000 0.34%
DTE Energy Co.
32.00%
3,560
$392,490,000 0.34%
Abbott Labs
15.09%
3,403
$374,568,000 0.32%
Dell Technologies Inc
5.89%
4,892
$374,238,000 0.32%
Verizon Communications Inc
18.31%
9,918
$373,909,000 0.32%
V F Corp
Closed
19,156
$365,688,000
Walgreens Boots Alliance Inc
Opened
13,714
$358,073,000 0.31%
Ishares Tr
14.28%
4,677
$795,397,000 0.68%
Chubb Limited
26.90%
1,486
$335,836,000 0.29%
Gilead Sciences, Inc.
12.36%
4,008
$324,691,000 0.28%
Dow Inc
1.84%
5,870
$321,911,000 0.28%
Micron Technology Inc.
No change
3,769
$321,646,000 0.27%
Keurig Dr Pepper Inc
Opened
9,634
$321,005,000 0.27%
Charter Communications Inc N
2.73%
820
$318,718,000 0.27%
Disney Walt Co
Opened
3,515
$317,369,000 0.27%
Pnc Finl Svcs Group Inc
13.65%
2,006
$310,583,000 0.27%
Alphabet Inc
7.25%
2,189
$308,496,000 0.26%
Citigroup Inc
7.87%
5,997
$308,486,000 0.26%
Eastman Chem Co
No change
3,311
$297,394,000 0.25%
Amazon.com Inc.
16.82%
1,868
$283,824,000 0.24%
Us Bancorp Del
Opened
6,292
$272,318,000 0.23%
Parker-Hannifin Corp.
1.50%
590
$271,813,000 0.23%
Alphabet Inc
Closed
2,269
$271,599,000
Avery Dennison Corp.
0.08%
1,305
$263,819,000 0.23%
Comcast Corp New
Closed
6,189
$257,139,000
Dimensional Etf Trust
17.89%
4,728
$245,030,000 0.21%
Dbx Etf Tr
4.66%
6,576
$243,188,000 0.21%
Suncor Energy, Inc.
24.14%
7,308
$234,148,000 0.20%
Advanced Micro Devices Inc.
Opened
1,582
$233,203,000 0.20%
Dimensional Etf Trust
Opened
4,293
$224,653,000 0.19%
Conocophillips
Opened
1,910
$221,694,000 0.19%
Spdr Ser Tr
Opened
5,701
$221,239,000 0.19%
Berkshire Hathaway Inc.
63.57%
616
$219,703,000 0.19%
Truist Finl Corp
Closed
7,087
$215,090,000
Ford Mtr Co Del
Closed
11,655
$160,183,000
Nokia Corp
Closed
20,531
$85,409,000
No transactions found
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